Reddit is going public and inviting power users to invest

Tier 1 will include certain users and moderators identified by us who have meaningfully contributed to Reddit community programs.

Tier 2 will include users who hold at least 200,000 karma and moderators who have performed at least 5,000 moderator actions.

Tier 3 will include users who hold at least 100,000 karma and moderators who have performed at least 2,500 moderator actions.

Tier 4 will include users who hold at least 50,000 karma and moderators who have performed at least 1,000 moderator actions.

Tier 5 will include users who hold at least 25,000 karma and moderators who have performed at least 500 moderator actions.

Tier 6 will include all other eligible users and moderators.